The MING token
3,000,000 MING, all minted at launch. Nothing is minted after that.
| Total supply | 3000000 MING |
| Reward reserve, bought at launch | 1500000 MING |
| Paid per round, to the drawn tile | 1 MING |
| Paid per day | 1,200 MING |
| Reserve lasts about | 1,250 days |
Where rewards come from
Half the supply was bought by the team at launch and placed in the reward reserve. Every round with a miner on the drawn tile pays 1 MING out of that reserve to the drawn tile. When the reserve is empty, rounds continue with the BNB payout alone.
Shared or solo
When more than one player is on the drawn tile, a coin flip decides how the 1 MING is paid. Half the time it is shared in proportion to stakes. The other half, one player on the tile takes all of it, and the bigger a stake the more likely it is picked. With one player on the tile there is no flip.
The goldpot
1% of every round buys XAUT, Tether Gold, into the goldpot. Every round with a miner on the drawn tile has a 1 in 250 chance that the whole pot pays out to everyone on the drawn tile, in proportion to their stakes, in XAUT. Gold you win waits in your claimable balance beside the BNB and is claimed with it.
Unrefined and refined MING
MING you mine arrives unrefined. Refining it into your wallet takes 10%, and that 10% is shared among everyone still holding unrefined MING, in proportion to what they hold. Hold, and you earn a share of every refinement made while you wait. Refine, and you pay that share to the holders.